WASHINGTON, July 24 (UPI) -- Cash-out refinancing at the Federal Loan Mortgage Corp. has dropped to its lowest amount in three years, the mortgage broker said.
WASHINGTON, May 2 (UPI) -- Home equity cashed out during refinancing, in the first quarter, dropped to the lowest level in four years, a report issued Friday said.
MCLEAN, Va., Aug. 13 (UPI) -- U.S. homeowners who refinanced their mortgages overwhelmingly switched to fixed-rate mortgages, U.S. mortgage-finance giant Freddie Mac said Monday.